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EURUSD only

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  • Post #158,241
  • Quote
  • Oct 4, 2022 10:09am Oct 4, 2022 10:09am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 21,132 Posts
Day of spikes and yikes.... For many, always much more than expected...
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 0.5%
 
3
  • Post #158,242
  • Quote
  • Oct 4, 2022 10:16am Oct 4, 2022 10:16am
  •  gmettler
  • | Joined Jan 2021 | Status: Member | 31 Posts
Short at .995. This pair is substantially overbought now after its 415 pip run up over the past 4 days.
Profit target ~ .985 at the rising support trendline from 9/28.
Stop loss ~ 1.001. Technical merit for this level not as clear to me but parity seems like it would be a significant psychological resistance at this time.

A 2:1 profit to loss setup will always be profitable over the long run.
Now just sit and wait for that post wave 5 drop Ata has been predicting.
 
1
  • Post #158,243
  • Quote
  • Oct 4, 2022 10:35am Oct 4, 2022 10:35am
  •  Vincent1
  • Joined Aug 2019 | Status: Member | 521 Posts
Quoting Vincent1
Disliked
While on Monthly chart I hope to see the Euro hit 1.35 in the next 4 years, on lower TF looks like they will search for sellers around 0.9920 and 1. Bears will do their best to keep the pair under 1 of course...and bulls may wait for 0.9100/0.9150 to start for big buy (that's my turning point atm) {image}
Ignored
Step 1 Done
Now it's time to see if the bears are able to push it down again and get a new low

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  • Post #158,244
  • Quote
  • Oct 4, 2022 10:40am Oct 4, 2022 10:40am
  •  GreenJ
  • | Joined Jun 2022 | Status: Member | 463 Posts
Went up a bit too fast. Bulls should be careful of a trap. I do see this going up to 1.02 eventually in couple weeks but few things with the market need to clear out still.
 
 
  • Post #158,245
  • Quote
  • Oct 4, 2022 10:49am Oct 4, 2022 10:49am
  •  fxcontest
  • Joined Jul 2011 | Status: Member | 795 Posts
Buy/ Long, 0.9844 and 0.9895, TP Open wait Daily Candles

H4 target 1.0146
 
 
  • Post #158,246
  • Quote
  • Oct 4, 2022 11:02am Oct 4, 2022 11:02am
  •  buddha-
  • | Joined Feb 2019 | Status: Member | 1,452 Posts
️️
 
 
  • Post #158,247
  • Quote
  • Oct 4, 2022 11:05am Oct 4, 2022 11:05am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 21,132 Posts
All the gamblers adding more sell orders.. Screw it.. I go long here at 0.9955 with 10 lots... I guess with new shenanigans and new gamblers joining, this goes up another 100 pips as usual..
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 0.5%
 
4
  • Post #158,248
  • Quote
  • Oct 4, 2022 11:10am Oct 4, 2022 11:10am
  •  nic9man
  • Joined Jun 2020 | Status: Member | 1,175 Posts
Quoting Ata-Turkoglu
Disliked
All the gamblers adding more sell orders.. Screw it.. I go long here at 0.9955 with 10 lots... I guess with new shenanigans and new gamblers joining, this goes up another 100 pips as usual..
Ignored
Indeed this ratio has been getting shorter over the course of today.
Current Ratio | FXSSI - Forex Sentiment Board
Another day, another dollar.
 
1
  • Post #158,249
  • Quote
  • Oct 4, 2022 11:11am Oct 4, 2022 11:11am
  •  Hamzalolo
  • | Joined May 2021 | Status: Member | 146 Posts
This chart have asecret
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Size: 87 KB
 
2
  • Post #158,250
  • Quote
  • Oct 4, 2022 11:12am Oct 4, 2022 11:12am
  •  Js3mwtRc
  • Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 6,962 Posts
Bulls are unstopable. The weekly range may extended for more so watch always look for posible levels of support that may bust in the end. Now a level of interest is at 0.9935 but with this momentum we may see a touch of a level far away at least until late near the close. Now it looks like 1.0000 is the target.
Looking for profitable short term trades ...|
 
1
  • Post #158,251
  • Quote
  • Oct 4, 2022 11:12am Oct 4, 2022 11:12am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 21,132 Posts
Quoting Ata-Turkoglu
Disliked
All the gamblers adding more sell orders.. Screw it.. I go long here at 0.9955 with 10 lots... I guess with new shenanigans and new gamblers joining, this goes up another 100 pips as usual..
Ignored
Closed manually here at 0.9968 with +13 pips... Will wait on sidelines.. These highs are my max for today!!!!

Edit: actually I am calling it a day... I don't want to suffer from robber bank trickery... See you tomorrow
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 0.5%
 
6
  • Post #158,252
  • Quote
  • Oct 4, 2022 11:25am Oct 4, 2022 11:25am
  •  Pinch969
  • | Joined Feb 2017 | Status: Member | 119 Posts
Quoting Ata-Turkoglu
Disliked
{quote} Closed manually here at 0.9968 with +13 pips... Will wait on sidelines.. These highs are my max for today!!!! Edit: actually I am calling it a day... I don't want to suffer from robber bank trickery... See you tomorrow
Ignored
Too late for me, not sure why I switch from buy all last week to selling.
"Your Habits Will Determine Your Future"
 
2
  • Post #158,253
  • Quote
  • Oct 4, 2022 11:31am Oct 4, 2022 11:31am
  •  GiveMeYours
  • | Joined Aug 2022 | Status: Member | 53 Posts
DXY bears shorting with power.
EURUSD prev weekly VWAP broken, maybe the weekly POC will hold..
We are 150+ pips above the daily open.. Unstoppable bulls 2day

BUT, whats going up...
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Think in number 9
 
 
  • Post #158,254
  • Quote
  • Edited 12:46pm Oct 4, 2022 11:39am | Edited 12:46pm
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 8,102 Posts
Today isn't for shorts. Tomorrow is the famous red day. Bears should get some red candles tomorrow to be able to jump out of their shorts. But if you sold early, sorry.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
 
  • Post #158,255
  • Quote
  • Oct 4, 2022 11:40am Oct 4, 2022 11:40am
  •  numbercutter
  • Joined Jul 2022 | Status: Member | 164 Posts
the banks are having a field day lately... being good traders gives us an edge to gains the blue chip holders don't have...

i am wondering after 7 times at the top of this channel if it is still going to hold... it's gonna be a few months of debauchery if you ask me
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always shorting eu All Time Profit: $618
 
 
  • Post #158,256
  • Quote
  • Oct 4, 2022 11:42am Oct 4, 2022 11:42am
  •  GiveMeYours
  • | Joined Aug 2022 | Status: Member | 53 Posts
Quoting Ata-Turkoglu
Disliked
All the gamblers adding more sell orders.. Screw it.. I go long here at 0.9955 with 10 lots... I guess with new shenanigans and new gamblers joining, this goes up another 100 pips as usual..
Ignored

Buying 10 just before a weekly POC sounds like gambling to me to
Think in number 9
 
 
  • Post #158,257
  • Quote
  • Oct 4, 2022 11:58am Oct 4, 2022 11:58am
  •  GiveMeYours
  • | Joined Aug 2022 | Status: Member | 53 Posts
Quoting Mitiblotch
Disliked
Tokay isn't for shorts. Tomorrownis the famous red day. Bears should get some red candles tomorrow to be able to jump out of their shorts. But if you sold early, sorry.
Ignored
Thats why its better to split your trade and trade smaller. Nothing wrong with holding trades.. Just manage them correctly
Think in number 9
 
1
  • Post #158,258
  • Quote
  • Oct 4, 2022 11:58am Oct 4, 2022 11:58am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 21,132 Posts
Quoting GiveMeYours
Disliked
{quote} Buying 10 just before a weekly POC sounds like gambling to me to
Ignored
Current price says otherwise.. I don't need to gamble... After 10 years of screen time, I know robber bank behavior too well...
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 0.5%
1
2
  • Post #158,259
  • Quote
  • Oct 4, 2022 11:59am Oct 4, 2022 11:59am
  •  andvk74
  • Joined Jun 2018 | Status: Member | 2,674 Posts
OK, we're here.
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3
  • Post #158,260
  • Quote
  • Oct 4, 2022 12:11pm Oct 4, 2022 12:11pm
  •  tupat
  • | Joined Apr 2011 | Status: Member | 96 Posts
Seems to be 1.0 today
 
 
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